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 | This article needs to be updated. The reason given is: still bleeding money four years later? same key people despite decade of losses?. Please help update this article to reflect recent events or newly available information. Last update: August 2019 (November 2023) |
| Native name | Greek: Ελληνικά Αμυντικά Συστήματα |
|---|---|
| Romanized name | Ellinika Amyntika Systimata |
| Company type | State-owned enterprise |
| Industry | Defence |
| Predecessor | EBO Pyrkal |
| Founded | 2004; 21 years ago (2004) |
| Headquarters | Hymettus, Athens, Attica, Greece |
| Area served | worldwide |
| Key people | Athanasios Tsiolkas (Chairman) Νikolaos Κostopoulos (CEO) |
| Products | Munitions, Small arms, Artillery, Explosive |
| Revenue | 15.250.162€ (2022) |
| Operating income | 4.434.613€ (2022) |
| Net income | -25.628.739€ (2022) |
| Total assets | 268.355.778€ (2022) |
| Owner | Hellenic Republic |
| Number of employees | 331 (2023) |
| Website | www |
Hellenic Defense Systems (Greek: Ελληνικά Αμυντικά Συστήματα, Ellinika Amyntika Systimata, abbreviated EAS) is the company formed by the merger in 2004 of the Greek defence companies Hellenic Arms Industry and Pyrkal. When created, it was a major manufacturer with thousands of employees, with a product range that included most land weapons in use today, as well as an established exporter to many countries in the world.
As of 2018, EAS registered a loss, despite the Greek government paying €19.5 million (equivalent to €23.2 million in 2023) of the company's bills and debts, attributed to the ongoing economic crisis that affected Greece from 2008 to 2018.
Products
References
- Mandravelis, Vangelis (2019-08-15). "Defense industry survives thanks to state largesse". Kathimerini. Archived from the original on 2023-05-17. Retrieved 2021-01-09.
Official financial statements (2022)
External links
- Official website
- L.S. Skartsis, "Greek Vehicle & Machine Manufacturers 1800 to present: A Pictorial History", Marathon (2012) ISBN 978-960-93-4452-4 (eBook)
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